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Gold/Mining/Energy : Battle Mountain Gold (BMG)
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To: TheBusDriver who wrote (153)10/11/1999 7:26:00 AM
From: long-gone  Read Replies (1) of 174
 
<<Don't know what they have done in 1999 but I suspect they will not have changed their position on hedging much in this year either.>>

I too believe they have no notable hedged position at this time, bet have nothing solid to point at. What leads me to believe this is the position of Standard & Poors (June 99) which downgraded debt for all gold mining companues which did not hedge. Shortly after they were removed from S&P 500 & stock price dropped like a rock.
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